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https://www.londonproperties.com/property/link/fresno/642577/1228-Jefferson-Ave/Clovis/https://www.londonproperties.com/images/props/fresno/full/642577.jpgLondon Properties Clovis Real Estate | 1228 Jefferson Ave
This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.
Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.
Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.
Property Type
Multi Family
Property Subtype 1
16 Units & More
Year Built
1965
Region
Urban
Stories
Two
Total Units
16
Price Per Square Foot
$250
Price Per Acre
$4,795,837
Days On Market
0
Cumulative Days On Market
282
County
Fresno
Facilities
Utility Room
REO / Bank Owned
No
Cross Street Address
Jefferson Ave/Sunnyside Ave
Directions
Heading east on Shaw Ave towards Clovis Ave, turn left on Clovis Ave, turn right onto Jefferson Ave, the property will be on the left.
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0
Courtesy of Jin Kim, The JKRE Investment Group - [email protected] Last modified 3 hours ago Fresno MLS last checked for updates 28 minutes ago
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
